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Exercise 3. A retail investor buys 325 shares of Company P at a EUR 23 per-unit price and hold it for 3 years, during which

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Exercise 3. A retail investor buys 325 shares of Company P at a EUR 23 per-unit price and hold it for 3 years, during which Company P paid yearly dividends of EUR 0,7 per share. After 3 years, the retail investor sells all shares at a sale price of EUR 22. What is his rate of return (RoR) and compound annual growth rate (CAGR)

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